Has this economy continued to hurt your wallet, or are you doing just fine?

I was thinking about this as I came to work today and was greeted with not a lot of work for a monday. We do work for a lot of different people/businesses and we have seen slow downs in every industry. We usually stay busy year round, but there are times where it's feast or famine that's for sure.

Personally speaking my money is held pretty firmly, we are currently paying off as much debt as possible before we get a house. This economy definitely has impacted me though. I used to reach my bonus almost every week, but now I rarely reach my bonus which sucks, but being employed is enough to keep me content. I know some of you guys in here are in pretty solid industries, but those who are not, does the economy continue to hurt you financially?

Everybody had to know it was coming, it was a temp thing at best. The REAL discouraging thing is that the employer portion was not reduced. Mind bogglingly stupid, but to me that's the worst part of the whole deal.

Quote:

Originally Posted by Sandusksuna

Thanks buddy. Well it is math related which I am really, really good at. Anything I'm good at I like. And it pays well I believe. Ever heard of an actuary?

Man if you could land an actuarial job, that'd be super sweet, but I wouldn't count on becoming one without a pissload more school.

What is the requisite schooling for actuarial work. It is pretty much a doctoral accounting thing?

I make more money than many new college graduates (I think so at least!?) so I am not complaining, but we found out this week that there will be no pay raises this year and no one is getting a retention bonus.

I am worried that the no pay raises could result in cutting pay sometime this year as well and this is just a lead-in for that.

The girlfriend and I are trying to save up for a house. We have no debt what-so-ever besides my student loan payment, which is somewhat comforting. As long as my pay isn't cut, we can do alright but it isn't comforting just starting a career with this economy.